Who has miners gathering dust and is willing to point them at a bitcoin spinoff?

[btcfork]

We've been discussing what kind of hashing power we can gather just from old ASIC miners that have been turned off because they are no longer profitable.
We'd like to see how much hashing power you have if you would be willing to point it at a bitcoin spinoff. Let us know so that we can tally it up.

We don't expect to get everyone involved at this early stage and most users are lurkers anyway but it might be interesting to see.
Spread the word on twitter with the handle #MineBitcoinAgain.

[sidehack]

So when you say "bitcoin spinoff" what exactly does that mean?

[btcfork]

It is a bitcoin network fork that does not look for complete consensus. It uses the full blockchain history up until the point the spinoff occurs. The fork will be done cleanly so that no replay attacks are possible. The market will then be able to decide how each side of the fork/spinoff is valued. This will be similar to the ETC and ETH situation except for with a lot more planning and done a lot cleaner. Our website www.bitcoinforks.org has a lot better explanation on it.

[Entropize]

would there be a difficulty change? People have hardware gathering dust because it's isn't profitable the with efficiency of that hardware, why would they fire it up again at a loss for your fork?

[btcfork]

Yes, there would have to be a difficulty change.

[Unacceptable]

Yes, there would have to be a difficulty change.

Well,e fer effort,but....you do realise that if it looks even the least bit profitable,the big farms will be eager to turn their hashrate to your coin & ruin it for those who you are trying to help 

How do propose to keep it only for those home miners??

[Entropize]

Single user hashrate cap? no one user can hash over 50TH/s on this proposed fork. Something like that to ensure that no huge farms mess everything up in your new Utopian society?

[Tupsu]

Single user hashrate cap? no one user can hash over 50TH/s on this proposed fork. Something like that to ensure that no huge farms mess everything up in your new Utopian society?

How do you guarantee that?  Ehe second user, the second address  and again 50 THs .

Me myself would have been necessary to 5 users for 250 THs home mining.
This of course does not mean that I will take part from this. I mine BTC not some "fork"coin.

[Entropize]

[/quote]

How do you guarantee that?  Ehe second user, the second address  and again 50 THs .

Me myself would have been necessary to 5 users for 250 THs home mining.
This of course does not mean that I will take part from this. I mine BTC not some "fork"coin.
[/quote]

I honestly think this sounds like lunacy, I was just trying to be constructive. The highest hash rate I've ever had at home is 25Th/s so I was just throwing a number out there.

The idea of my old hardware earning BTC at a decent rate again is intriguing but how to achieve that is a troubling question. Maybe IP restrictions on hashrates? I know you could VPN different miners to pool their hash rates but I really think that would be too much of a pain for massive industrial farms. It would at least encourage the home miner to join this fork.